The administration is meeting with officials from over 50 nations to expand Project Vault. It is a $12 billion reserve for critical minerals intended to reduce reliance on China. Vance and Rubio are leading the effort to create a global buyers club. Trump also announced a trade deal with India. US tariffs on Indian goods are dropping to 18% from 25%. The White House says Prime Minister Modi agreed to stop buying Russian oil as part of the agreement. Tension is higher with neighbors. There are threats of 50% tariffs on Canadian aircraft imports and potential certification bans on Bombardier jets. Mexico could also face levies if they continue supplying oil to Cuba. In the market, Estee Lauder dropped 10% despite beating earnings because investors are worried about tariff impacts. Toyota is up 2% after reporting record global sales for 2025 despite the trade environment.